South Africa’s richest people

According to the 2019 South African Wealth Report by New World Wealth, South Africa’s richest people are:

  • Diamond magnate Nicky Oppenheimer, with a net worth of $7.3 billion
  • Luxury goods boss Johann Rupert, with a net worth of $5.5 billion
  • Mining and minerals tycoon Patrice Motsepe, with a net worth of $2.4 billion
  • Media mogul Koos Bekker, with a net worth of $2.3 billion
  • Capitec founder Michiel le Roux, with a net worth of $1.2 billion

Here are some stats on the wealthy, as per The Citizen:

  • South Africa has 40 000 dollar millionaires
  • There are five dollar billionaires living in the country
  • Nine more dollar billionaires were born in SA but no longer live here, such as Douw Steyn
  • 16 600 dollar millionaire call Johannesburg home
  • Total private wealth held by people in SA totals $649-billion
  • SA is the 31st largest wealth market in the world
  • There are about 2 200 homes in South Africa valued at more than R20-million – and Johannesburg and Cape Town have 900 of them
  • The most expensive streets in the country are in Cape Town, with property fetching R90 000 a square metre
  • Financial and professional services (30%), real estate (16%) and tech and telecoms (9%) account for the sectors where the rich made their money
  • The most lucrative university degrees in terms of percentages of high net-worth individuals (HNWIs) are law (28%), finance and economics (19%) and accounting (9%)
  • An estimated 3 000 HNWIs have emigrated from South Africa in the past 10 years

Tags: , , , ,

Follow us on social media: 

               

View our magazine archives: 

                       


My Office News Ⓒ 2017 - Designed by A Collective


SUBSCRIBE TO OUR NEWSLETTER
Top